2020 LRD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 LRD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the LRD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 23.8135. Conversely, the yearly low was recorded on August 18, dropping to 18.3614.
This high-to-low spread represents a total annual volatility of 5.4521 UGX. From a start-to-finish perspective, comparing the January average rate of 19.2163 to the December average rate of 22.7314, the exchange rate registered a net change of 18.29% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 23.8135 was up 0.68% compared to the 2019 peak of 23.6525, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
LRD to UGX Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 18.9884, compared to 19.9849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9966 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was November, with a trading range of 3.3792 UGX (High: 23.8135 / Low: 20.4343). On the other end, May was the most stable month, with a tight range of 0.1569 UGX (High: 19.1810 / Low: 19.0240).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.5102 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2020: 22.4216) against the same month in 2019 (average: 18.4216), the exchange rate shifted by +4.0000 (+21.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.6765 | 18.8406 | 19.2163 |
| February | 18.8543 | 18.5974 | 18.7062 |
| March | 19.8246 | 18.7335 | 19.0460 |
| April | 19.2211 | 18.9401 | 19.0911 |
| May | 19.1810 | 19.0240 | 19.0994 |
| June | 19.0266 | 18.6729 | 18.7713 |
| July | 18.7132 | 18.4964 | 18.5827 |
| August | 18.5405 | 18.3614 | 18.4482 |
| September | 18.6946 | 18.4525 | 18.5669 |
| October | 20.4343 | 18.5835 | 19.1589 |
| November | 23.8135 | 20.4343 | 22.4216 |
| December | 23.4603 | 22.2555 | 22.7314 |